Profitable Investment Real Estate For Sale in The Philippines
The Philippines, a country in Southeast Asia, consists of over 7,600 islands divided into three main regions which are Luzon to the north, Visayas which is in the center and Mindanao to the south.
As it is between major Asian economies, including China, Philippines, and Singapore, The Philippines is a very a convenient hub for doing business, which support activity in the luxury real estate market.
Popular areas of The Philippines with International Buyers:
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
How to sell or rent properties in the Philippines: